Heating demand could prove stronger this winter than last, given National Weather Service (NWS) forecasts for colder temperatures in northern markets. But robust production levels this fall should help balance prices and meet domestic market needs and increased international demand for LNG. That assessment is according to the American Gas Association’s (AGA) winter outlook, delivered…
Winter
Articles from Winter
Higher Winter Natural Gas Prices Forecast Despite Bearish Supply, Demand Factors, Says FERC
FERC is projecting elevated U.S. natural gas prices for the 2022-2023 winter, despite mild weather forecasts for most of the country and steadily rising domestic production. “Natural gas prices for the upcoming winter are expected to remain higher than recent years at major trading hubs across the U.S.,” Federal Energy Regulatory Commission staff said in…
AGA Outlook Calls for Chilly Winter, but Strong Natural Gas Production to Help Balance Market
Heating demand could prove stronger this winter than last, given National Weather Service (NWS) forecasts for colder temperatures in northern markets. But robust production levels this fall should help the market meet demand and could help keep consumer prices from rising more than they already did this year. That assessment is according to the American…
Winter Natural Gas Costs Seen Rising for U.S. Households, and Henry Hub at $7.40 in 4Q, EIA Says
A result of both higher retail prices and higher forecast consumption, the Energy Information Administration (EIA) expects U.S. households to spend more on energy this winter compared with the 2021-22 heating season, with the largest increase for homes that heat with natural gas. The agency’s latest Winter Fuels Outlook, included in its updated Short-Term Energy…
U.S. LNG Imports Reach 15-Year Low Amid Natural Gas Production Growth, Capacity Gains
LNG imports to the United States reached their lowest levels in 15 years during the first half of 2022, according to the Energy Information Administration, a possible sign that domestic production and infrastructure projects could be improving supply issues in the Northeast. Recent EIA data showed U.S. imports of liquefied natural gas averaging 77 MMcf/d…
Leading North American Natural Gas Marketers Post 2Q2022 Gains Amid Demand, Price Spikes
Top North American natural gas marketers reported stronger overall sales volumes for the second quarter as production gathered momentum in response to strong consumption and prices. A multitude of enduring demand drivers could fuel momentum through this year and into next, marketers and traders say. The 24 gas marketers included in the latest NGI Top…
All I Want for Christmas Is…A Natural Gas Generator! Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. In this holiday-themed episode, NGI Thought Leaders Matthew Veazey and Leticia Gonzales discuss the natural gas standby generator backlog and how utilities are dealing with natural gas price increases. Believing that transparent markets empower businesses, economies and communities, NGI works to…
Natural Gas Supply Constraints Could Put New England Power Grid in Winter Crisis Mode
New England’s natural gas pipeline constraints, global supply chain issues tied to oil and liquefied natural gas (LNG) deliveries, and prolonged periods of cold weather this winter could keep the region’s electric utilities from accessing sufficient fuel to meet customer demand and trigger emergency actions, according to power grid operator ISO New England Inc. “As…
EIA Lowers Winter Natural Gas Price Forecast on Mild Temps, Rising Production
Natural gas bulls have taken it on the chin so far this heating season, but Henry Hub spot prices remain on track to average $4.58/MMBtu from December through February, according to the latest forecasting from the U.S. Energy Information Administration (EIA). The winter price prediction, published Tuesday as part of the December edition of the…
Texas Regulators Order Hardening of ‘Critical’ Natural Gas Infrastructure Following Winter Storm Uri
The Texas Railroad Commission (RRC) has adopted rules designating the “critical” natural gas suppliers and customers during energy emergencies in the wake of last February’s Winter Storm Uri. The cold snap caused a 20% plunge in natural gas production in the south-central United States, dented pipeline exports to Mexico by as much as 1 Bcf/d,…